Business

RE industry experts mark presence at Renewable Energy Growth Forum – Sri Lanka 

Informa Markets in India, India’s leading B2B exhibitions organiser, brought in the fourth edition of the much-awaited Renewable Energy (RE) Growth Forum at BMICH, Colombo, Sri Lanka. The two-day conference, which was held on 10 and 11 March 2022, was well supported by the Sri Lanka Sustainable Energy Authority (SLSEA), Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL), Ceylon Chamber of Commerce, Chamber of Construction Industry, and Green Building Council of Sri Lanka. 

Speaking at the inauguration of the fourth edition of RE Growth Forum – Sri Lanka, Informa Markets in India Managing Director Yogesh Mudras said: “Sri Lanka is a promising RE country with favourable conditions for generating electricity from renewable sources, especially solar. While the country’s annual total electricity demand is about 14,150 gigawatt hours (GWh), the annual demand for the same is expected to increase by 4.9% over the next 20 years. The Sri Lankan Ministry of Energy initiated the implementation of a nationwide programme for the expansion of solar energy, as the country aims to equip one million households by 2025 with photovoltaic systems that will feed an additional 1,000 megawatts (MW) into the power grid. With the public lacking information about alternative energy sources and conscious use of electricity, the RE Sri Lanka Growth Forum aims to create more awareness and initiate discussions on the roadmap for the industry.”